THE NEXT GENERATION REAL ESTATE PLATFORM

ZILLIOS WHITE PAPER |October 2018

Version 1.7

TABLE OF CONTENTS

Executive summary

Important Notice

Token Sale Summary

Background and history of Zillios

International property trade market and its problems

Current vacation rental market and its problems

Blockchain in real estate

Our solution for sales and rental: Zillios

Why Zillios?

How does it work?

User cases

Technology

Minimum Viable Product

Roadmap

Token Launch

Token sale details

Use of proceeds

Marketing

Team & Advisors

Terms & Disclaimer

Legal & Regulatory

Risk Management

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Executive summaryZillios is the fruit of dozens of years of combined experience in international real estate and offers a disruptive and highly innovative property sale and vacation rental platform, scalable on a global level, completely changing actual market practices with all its inefficiencies.

Currently both in property sales and vacation rentals, a limited number of leading portals domi-nate the market, lacking in transparency and leaving property owners and agents without control of the position of their listings in portal search results. Processes are inefficient and slow, resulting in unnecessary costs for the key players involved being dependant on portal traffic.

From a property buyer perspective, the current system leads to limited access to all available properties since most agents only show part of their properties on real estate portals, because of the high listing costs. This applies even more to buyers looking for properties abroad, as most por-tals are mainly home market oriented meaning international offer is fragmented over portals. Add to that language barriers, different national legislations, and third party middlemen, and it is obvious that buying property internationally is a cumbersome process.

In the case of vacation rental, owners either have the choice to work with agents or with leading advertising portals such as Airbnb or Homeaway. In all cases this results in high commissions and/or non-transparent advertising fees. Owners often do not receive prepayments, and only receive their payment after the arrival of the customer, while the customer pays for the booking in full, sometimes 180 days prior to their arrival. Owners and agents are not in control of their rank-ing within the portal nor do they control the complex booking flow of documents. Vacation renters suffer from commissions and non-transparent costs.

Having experimented these pitfalls first hand, we think it is time to shake up the real estate market, and that is why we created Zillios. Zillios is the next generation real estate platform; offering great value, control, transparency, and real time blockchain based peer-to-peer transactions to agents, home buyers, renters and owners all over the world. Zillios completely changes the way the real estate market operates with its 0% commission model, providing a state of the art scalable infra-structure to all key stakeholders, including smart contract based features to tackle current ineffi-ciencies in rental and buying processes.

Zillios is based on a revolutionary freemium model, offering free property listings both to owners and agents thus exponentially boosting global property listings. Within Zillios the listing position of individual properties in regional search results can be controlled with a pay per click auction bid-ding, common in digitally advanced sectors like e-commerce. This innovative geo based bid-ding system is a unique feature in both the property sale and vacation rental portal market, giving users full control over their property listing position and marketing budget.

Zillios tokens play a key role in jump-starting and growing plat-form use. The Zillios token has numerous premium utilities to enhance its real estate ecosystem, including rental and sales func-tionalities. Additionally Zillios token will serve the Zillios API, the gate-way to real estate value chain integration and facilitates a lead model for partner collaborations like mortgages and insurances.

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Smart contracts will support the buying and booking processes, allowing real time public key stamped rental and offer contracts taking away trust barriers and inefficient communication between the parties involved. Blockchain based property transfer is foreseen in Zillios´ technol-ogy providing a future proof infrastructure.

Thanks to the efficiency of smart contracts and the game changing auction model, Zillios works with a 0% commission business model for vacation rental and for sale listings. This will bring a new revolu-tion in the portal advertising market after Airbnb led the last one.

Zillios is not just about the technology, but it will actually help agents and owners to promote, sell and rent their properties in an affordable and transparent way. A comprehensive marketing strategy, rolled out country by country, brings in qualified traffic, unlimited leads, and direct bookings. Zillios is all that agents, property managers and owners will need!

After years of development, Zillios recently launched the live beta version of its platform on www.zil-lios.com. With over 1.000.000 sale and vacation rental properties already online in its beta version, Zillios has a great basis for fast expansion.

The token sale proceeds will be used to give shape to the technological and commercial roadmap, kicking off with the project in Spain and France and soon conquering the world. With over 10 million vacation homes in over 500 popular holiday regions and hundreds of thousands of transactions a year in international property sales, the potential is immense!

Zillios takes away current real estate market inefficiencies and provides a unique block-chain powered infrastructure for all key players involved. Zillios will shake up the real estate world!

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IMPORTANT NOTICE!

This document (“Whitepaper”) is not endorsed by any gov-ernment authority. It is only available on www.zillios.io and may not be redistributed, reproduced or passed on to any other person or published, in part or in whole, for any pur-pose, without the prior written consent of Zillios Limited. This Whitepaper, or any part of it, must not be taken or trans-mitted to any country or territory where its distribution or dissemination is prohibited or restricted. Any natural per-sons or legal entities who comes into possession of this Whitepaper must inform themselves about and observe any relevant legal or regulatory restrictions they may be subject to and seek all necessary professional advice. By any such natural or legal person (“you” or “your”) accessing this White-paper, you agree to be bound by this requirement.

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Token sale summary

Seller Zillios Limited (“the Company”, “we”, “us” or “our”) A Gibraltar private limited liability companyCompany no. 117468

Registered address: Suite 7, Hadfield House, Library Street, Gibraltar

Purchase Website& instructions

www.zillios.io (“Website”)Purchasers must follow the instructions on the Website to purchase ZLST.

Token Sale Terms & Conditions

To be made available on the Website. Each purchaser of ZLST must ensure that they carefully read the terms and conditions and obtain any necessary legal advice before agreeing to them.

Project Summary

The Zillios Platform has the following elements:The Company is proposing to develop a next generation prop-erty platform with blockchain technology, which will offer a unique and disruptive solution in the real estate portal advertis-ing market. Zillios is totally different than other real estate portals with a revolutionary and transparent freemium model offering a complete solution for property buyers, renters, prop-erty managers and vacation home owners. Zillios intends to become the largest platform for international property searchers, both for sale and holiday rental. Zillios offers full marketing control for advertisers on position and budget through its proven PPC (pay per click) model. Zillios facil-itates rentals and offer closings through blockchain based smart contracts. Further details of the platform, the services we will offer, and the technology powering the whole project (collectively, the “Zillios Platform”) are set out in this Whitepaper.

Token Name(to be sold during Public Sale Period)

ZLST

Token Ticker(of the Zillios Token to be sold during Public Sale Period)

ZLST

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Public Sale Period Public sale is foreseen April 2019 (exact date TBA).

Total Token Supply

Availability: ZLST - during Public Sale Period

1,000,000,000 ZLST

ZLST price US$0.0625 = 1 ZLST, exclusive of transaction fees or costs ZLST may be purchased in fractions up to 18 decimal places

Accepted methods of payment

ETH transferred to the digital address specified on the section of Website accessible by each registered contributor, payable at the applicable ETH price determined by us and specified on the Website at the time of purchase.Alternative methods of payment may be accepted at a later date which (if available) will be published on the Website.The Company will never publish any Token Sale address anywhere except for the section of the Website available to registered users only.

Minimum investment

Will be communicated after pre-sale

Distribution of purchased ZLST tokens (ZLST)

ETH contributors to receive ZLST upon activation via smart contracts.

400,000,000 ZLST (total sum available will ultimately be dependent on the number of tokens sold in the prior private sale)

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Authorised communication channels

The only communication channels authorised by the Company for the purposes of the Token Sale are:

www.zillios.io

info@zillios.io

twitter.com/zillios_info

www.facebook.com/zillios

medium.com/@zillios

www.reddit.com/r/zillios

www.linkedin.com/company/zillios

t.me/zillios_io and t.me/zillios

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Background and history of ZilliosThe development of Zillios has been the result of years of business experience in the international real estate market. Profound knowledge in the fields of holiday rental, property sales, technology and marketing lead to the idea to create a highly innovative blockchain based real estate platform.

The opening of our software development centre in Eastern Europe with a professional team of highly experienced developers, building the group´s first online vacation rental software.

2010 Acquisition of AzurSelect, a luxury vacation rental website. AzurSelect offers luxury villas for rent in South France with Western Europeans as a target group. The first version of the vacation rental software was implemented with the new online booking engine for AzurSelect.

2012 Holiday Home Vision in the Netherlands was founded and, with this name, the first high traffic vacation rental bookings portal was started. At the beginning of 2012, the first collaboration started with the com-pany Novasol. Novasol offers over 50.000 vacation rentals, which were then added to the Holiday Home Vision portal. Later in 2012, a collabo-ration with Interhome Switzerland was set up, increasing Holiday Home Vision´s rental offer with another 33.000 vacation homes. This helped Holiday Home Vision become one of the larger European vacation rental websites.

Acquisition of AzurSelect

Holiday Home Vision in the Netherlands was founded

Opening the first office in Spain

IMMO ABROAD launched its international website

Estatefy 1500+ users and 200.000+ properties | IMMO ABROAD 200 agents, 20.000 properties for sale and 60.000+ vacation rentals | Start of development of Zillios ICO Zillios

2018

2016 2015 2014

2017

2012 20132010

Estatefy was founded

IMMO ABROAD was founded

THE NEXT GENERATION REAL ESTATE PLATFORM

2009

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2013 The group opened its first office in Spain (Valencia province) to manage the vacation rental business in its largest target market. There was then a change made to its platform, offering a new technology with an all in one solution for vacation homes, both for sale and rent (the start of what is now Estatefy.com).

2014 IMMO ABROAD was founded, a real estate concept bundling properties of partner agencies in popular holiday regions around the world with a strong focus on the French and Spanish real estate market. IMMO ABROAD is aimed at foreign buyers and works as a no cure, no pay lead generating branding concept for small and medium-sized real estate agencies. In the same year, several real estate offices in Spain and France were purchased/opened which resulted in profound knowledge of the local real estate business in these markets.

2015 After 7 years of real estate software development, the group realized its software was state of the art and very interesting to provide as a service to other real estate agents. For this reason, Estatefy was founded. Estatefy is a cloud-based all in one solution for real estate profession-als, vacation rental property managers, and property owners. It pro-vides an easy to manage mobile responsive website and CRM system, as well as the capability to upload properties to the best-known adver-tising portals (rental and sales) with the built in XML manager. The new website of IMMO ABROAD is built with Estatefy software and served as a testbed to optimize the technology.

2016 IMMO ABROAD launched its international website covering over 2000 popular vacation towns in Spain and France and offering over 80.000 vacation homes. Additionally, IMMO ABROAD offers content for over 500 popular vacation home regions worldwide. At the end of 2016 IMMO ABROAD started a partnership with online marketing agency Ecommerce Managers from Barcelona. On a yearly basis the concept of IMMO ABROAD generates 30.000+ leads interested in vacation homes to rent and/or buy.

In the same year, the idea of Zillios is born as an international high traf-fic real estate portal, with revolutionary free property listing for agents and owners, and with a revenue model based on pay per click. The auc-tion-based cost per click allows owners and agents full control of their property listing position and marketing budget. This proposition, which will change the portal advertising market, was gradually worked out.

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2017 Estatefy added marketing services, offering an all in one software+mar-keting solution for real estate agents and property owners. Estatefy now has 1500+ users and over 200.000 active properties. IMMO ABROAD reaches the number of 200 agents and 20.000 properties connected for sale and over 60.000 vacation rentals online. Zillios tech-nical infrastructure has been defined and development started from here.

2018 IMMO ABROAD added new regional partners on the Costa del Sol, the Costa Blanca and the Cote d´Azur in France bringing in many new local agencies. Ecommerce Managers joined the group as a shareholder extending the group´s knowledge and experience in online marketing.

The group decides to start an ICO to promote the Zillios project world-wide. The first version of Zillios is ready by the end of June 2018 with 1.000.000+ properties (sale and vacation rental) in Spain and France.

Through the years the group has worked with many well-known real estate related marketing channels. These include some of the leading international property and vacation rental portals such as: Rightmove, Zoopla, Kyero, Green Acres, Immowelt, HomeAway, Airbnb, and Booking.com. This provided us with a good impression of how portals work; including the different reve-nue models, differences in operations, and best practices. Most importantly, this expe-rience revealed the pitfalls of the leading property portals. We created Zillios with the mission to become a worldwide leader in selling and renting vacation homes by succeeding where others have failed.

Zillios is the result of over 10 years of real estate market experience!

The name Zillios is derived from zillion, a huge quantity. Zillios has been designed to become the real estate platform with the largest number of international properties, offering

superior user experience to all key players.

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REAL ESTATE PORTALS: NATIONAL FOCUSProperty portals are mainly focussed on their local market and offer limited listings and attention for properties abroad. For international buyers property listings are fragmented. A total view is missing, complicating the search process.

REAL ESTATE PORTALS: EXPENSIVEMost of the leading real estate portals require monthly subscriptions and/or set high prices per property listing without any guarantee of results on spend advertising fees. As there are only a few leading portals per country, serving thousands and thousands of real estate agents, costs per lead keep on rising.

REAL ESTATE PORTALS: A BLACK BOX FOR AGENTS A general perception is that the typical monthly portal listing fee (based on amount of prop-erties listed) lacks transparency and creates a perception of lack of control with estate agents. The agent cannot influence the search result position of individual properties within the portal, even though many agents would like to be able to show their most attractive properties at the top.

LIMITED PROFILES: LIMITED AMOUNT OF PROPERTIES PUBLISHEDThe current model causes agents to publish only a limited amount of properties on portals, most of them being small and medium sized agencies with limited budgets. Although it may seem to the potential buyer that all properties are shown in certain areas, this is usually not the case. Lack of exposure of these properties excludes both buyers and sellers from the market.

International property trade market and its problemsBefore explaining more in detail why Zillios is a revolutionary solution, this chapter will highlight current market practices of property sales and vacation rental and their pitfalls.

In the past 15 years we experienced first hand that real estate business is in many ways still a very traditional market with a lot of parties involved in buying/selling a house. This makes the process of buying a property long, costly, non-transparent and inefficient, especially in international transac-tions.

When searching for an international property to buy or to rent, the majority of people start their search in Google. The Google search results are dominated by the main real estate portals, which makes it costly and difficult for individual agents to promote their listings. Most agents don't have the knowledge or budget to properly set up their own marketing, let alone on a international scale.

In the current real estate market that is controlled by a limited number of property portals we encounter the following inconveniences:

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Listing: Standard listingsReal estate agents have shifted from classified ads in newspapers to online listings in property portals. However, compared with the more sophisticated e-commerce sector, real estate listings are behind in terms of content quality, accuracy and use of technological possibilities, like true-view property visualisation avoiding unnecessary travel.

Buying directly from the owner: Lack of third party trust mechanism In negotiations between buyer and seller, without the support and knowledge of a real estate agent, trust is key. Often agreements initially are oral and in many countries third party escrow system for down payments are not available and less in international surroundings.

Difficult: Selling a property without agencyFor property owners interested in selling without agent, getting exposure is difficult as quite a few property portals do not accept listings directly from owners. Promoting individual proper-ties online can be expensive and marketing knowledge is necessary. Additionally, especially in case of vacation homes, owners often live in other locations meaning they are not able to show around potential buyers or experience language barriers.

Inefficient: Deal closing and transaction processesThe full process of buying a property abroad can be complex and full of uncertainties. Availabil-ity of the correct legal papers, negotiation of terms, pre-sales agreement, manual processes and various parties involved makes the process intransparent and inefficient for the interna-tional buyer. Not only distance, but also different legal systems, language problems, unfamiliar paperwork and international down payments often cause the mechanism to stop.

Competitive landscape of property portals Looking at the main real estate portals in Europe, a limited number of them dominate the landscape. United Kingdom top portals Rightmove and Zoopla are amongst the largest players, both of them offering overseas only as a side business. Zoopla is particularly interesting since an important part of their impressive growth comes from diversification, adding complementary value chain services like comparison and financing to their portfolio. In Spain mainly local portals are found with Idealista being market leader. Kyero is a UK portal specif-ically aiming at foreign buyers in Spain (and Portugal), but in a traditional way. In France SeLoger is the leading portal for the national market, focussing also on lead generating services. Green Acres is a successful French portal aimed at foreign buyers in 12 countries, working with the traditional paid listings. In Germany Axel Springer group Immobilien Scout 24 is quite large, aimed at the national market. In Benelux and the Nordics no significant internationally aimed portals are found.

All of these portals have significant revenues and growth based on paying agents, some of them with addition-al services. None of these portals offer free listing for agents and owners, limiting significantly the amount of properties available for sale for international buyers.

International property trade market and its problems

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REVENUE

LEGEND

EBITDA

MoveZillow

Seloger

Right Move

Immoweb

IS24

Hemnet

REA

Domain

TMP

iProperty

Source: http://www.mikedp.com

Real estate portals are big businesses around the world in terms of revenue and profit

There are clear leaders in terms of overall revenue and profitabilityFULL YEAR FINANCIAL COMPARISON

MoveZillowGroup

$900

$800

$700

$600

$500

$400

$300

$200

$100

$0SeLoger Zoopla

PropertyGroup

Immoweb HemnetREA Group ImmobilienScout24

Rigthmove Domain Trade MeProperty

Revenues EBITDA Source: http://www.mikedp.com

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Current vacation rental market and its problemsThe vacation rental market is dominated by a small number of very powerful companies, like Airbnb, Homeaway and the Trip Advisor Group, who take up a large part of traffic and bookings

24.2%

23.7%22%

16.5%

11.4%

2.4%

Marketshare of vacation rental bookings amongst OTAs in Europe:

24.2% Homeaway, VRBO 23.7% Airbnb22% Booking.com, Agoda16.5% Tripadvisor, Holiday Lettings11.4% Alternate2.4% Expedia

35.6%

17.8%15.5%

14%

9.9%4.1%

3.1%

Source: Rentivo vacation rental distribution

Marketshare of vacation rental bookings:

35.6% Direct 17.8% Homeaway, VRBO 15.5% Airbnb14% Booking.com, Agoda9.9% Tripadvisor, Holiday Lettings4.1% Alternate3.1% Expedia

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Before Airbnb entered into the market, holiday home owners had the choice to rent their property out through a travel agent, that charged them 25-30% for every booking they provided, or to adver-tise themselves on portals such as HomeAway, which was by far the market leader for holiday rental advertisement. Airbnb stirred up the market by facilitating online bookings, allowing owners to adver-tise their holiday home, or a simple room for a booking commission of 3%, while also charging the holiday home renter a variable fee as well. This system rapidly brought Airbnb a huge amount of tem-porary rental properties.

As a counter reaction HomeAway offered owners and agents the choice between a paid listing including online booking system or a free subscription with online booking system as well, but instead of a listing fee, a booking fee consisting of a percentage of the booking. In both cases the trav-eler must pay a fee as well, which varies according to the rental price, making the pricing non-trans-parent. Effectively they moved from an advertisement portal business model to an online subscrip-tion portal business model. Additional charges are a credit card processing fee and an international surcharge, upping the fee for the traveler to a maximum of 12%.

But despite the changes in the last years, some for the good, some for the bad, there are a number of vacation rental market problems that still haven't been resolved properly:

VACATION RENTERS: HIDDEN COSTS AND LONG TERM AHEAD PAYMENTSOne of the main complaints in the vacation rental sector concerns unclear costs. Vacation renters often experience non-transparent portal commissions, high payment method costs, cleaning costs, separate linen rental fees, etcetera, which drastically increases the initially advertised rental price. On top of that vacation renters often have to pay 100% of the rental price on the date of booking, long before their rental period starts.

AGENCIES AND OWNERS: DEPENDENCY ON PORTALSThe leading rental portals dominate the search engines and other marketing channels, making it hard to rent a property without them. Doing your own marketing for a single or limited amount of properties is costly and requires thorough marketing knowledge. There-fore, most agents and owners are forced to use portal services to obtain bookings and/or try to create complex costly PPC campaigns with third party service providers involved.

AGENCIES AND OWNERS: FEES AND COMMISSIONSOne of the biggest issues for owners and agencies alike concerns the costs they have to pay to portals, be it on an advertising subscription basis or commission based. It is not possible to work with a flexible marketing budget to promote specific dates of availability. The only option to highlight a specific period which is available is through last minute discounts.

VACATION RENTERS: LACK OF TRUSTMany renters fear being cheated with non-existent vacation houses or trouble receiving deposit refunds. This is one of the reasons renters use well known portals, trusting their offer and taking for granted their fees and non-transparent conditions.

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Blockchain in real estateA Blockchain can record transactions between two parties efficiently and securely. With its ability to authenticate and track transactions in real time, it makes it into a game changer in real estate. Block-chain technology with real-time public ledgers will make it possible to have transparent transactions and much faster processes. Ownership of a property can be recorded securely and completely transforms the process of property buying and selling.

Ownership - Digital goods or services are validated and tracked by a system that is trans-parent yet secure, which guarantees unquestionable truth regarding ownership of an asset and ownership of transactions made on that asset. Even non digital goods (such and real estate property) are increasingly having digital twins, which will be also subject to the power-ful properties of blockchain.

Trade - As a network, Blockchain connects the different participants in a market in ways that were previously impossible. It can create a new trustless abstraction for things such as prop-erty, currency, reputation or identity. This has incredible potential to reduce the need for intermediaries and make trade more efficient and cost effective.

AGENCIES AND OWNERS: NO CONTROL ON LISTING POSITIONSDespite monthly/yearly subscriptions or booking commissions, agents and owners can’t control the position of their property within the search result, which is only based on date, location, and the number of people that can be accommodated. This means the market-ing budget isn’t used optimally.

OWNERS: RENTAL INCOME DELAYSBoth rental market leader Airbnb as well as TripAdvisor retain the rental payment paid by the renter up till the day after his arrival, meaning owners sometimes have to wait half a year or longer until they receive their money. If a renter refuses the house upon arrival this is even a bigger problem.

OWNERS: LACK OF ALL-IN-ONE SOLUTIONOwners do not usually have their own software with processing and document flow solu-tion (such as invoices, payment reminders, vouchers for arrival) for their vacation proper-ty, nor a website with XML portals connections, limiting their options to effectively rent their vacation property. Owners basically have the choice between working with portals like Airbnb, without control on the booking payment but with a processing and document flow solution or working with portals like HomeAway that offer the possibility to collect the payment directly, but without the processing and document flow option. Working with several portals at the time requires a complex calendar administration to avoid double bookings, lacking intelligent solutions.

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Real estate is a market with a high number of participants. Homeowners, Buyers, Property Agents, Renters, Holiday Rental Agents, and a suite of diverse services such as Notaries, Lawyers, Mortgages, Insurance, Movers, Construction, Cleaning, Maintenance, Security and other convenience services. Naturally, these players don’t necessarily trust each other, and nowadays a considerable amount of intermediation is needed to provide that trust.

Blockchain, as a decentralized public ledger for real estate, with ownership registry of properties, offers possibilities to transform processes and make them more efficient and transparent. The ability to create smart contracts for the key interactions between the market participants outline above will automate processes, streamline transactions and avoid the need for third parties’ assistance, which will result in much lower costs.

While preparing the Zillios ICO outlined in this white paper, the Zillios founders and tech team read the whitepapers and business propositions of dozens of other blockchain initiatives in the real estate space extensively. We found out that some of them are promising, however focusing merely on toke-nized transactions or tokenized assets. While the Zillios team agrees that the future will take us in that direction, we believe that smaller steps are needed to make Zillios profitable and sustainable on a shorter term. We want this to be a sound business, and that’s why we designed our token roll out and blockchain enabled processes in sustainable phases, to optimize adoption across the market, and generate sustainability.

Our solution for sales and rental: ZilliosCurrent market pitfalls and the knowledge that blockchain offers great possibilities to automate pro-cesses and streamline transactions, drove us to set up a revolutionary and highly innovative interna-tional real estate platform, completely different than the rest!

Zillios has numerous features that distinguishes it from the existing property and vacation rental por-tals to solve current market problems and provide real added value for property owners, buyers, renters and agents.

Where leading portals dominate the property and rental markets with unclear costs, monthly fees and high commissions, Zillios offers free property listing, 0% commissions on rental bookings and fully controllable flexible marketing expenses with its auction based cost per click bidding model.

The use of blockchain and smart contracts will take away inefficiencies of current real estate business processes and at the same time offer more transparency for the stakeholders involved. Zillios will apply a clever token utility ecosystem in which qualitative participation is rewarded enabling growth of platform usage by property owners, buyers, renters, agents and third party real estate related services.

Trust - As digital goods are traded across the web, Blockchain constitutes a powerful ledger of authenticity and validation across a network of market participants. It allows participants in any transaction to have visibility into the ownership, properties and history of an asset, and make their decisions based on that. With Blockchain, this can be done without the need to trust the other party in the transaction and without the need to bring external entities (eg: auditors, certifiers, etc) to provide trust about the transaction.

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Zillios aims to have the largest possible offer of international properties: over 1.000.000 sales and rental properties will be online already at the start of the Zillios token sale. By offering API access to its state of the art technology, Zillios makes its infrastructure scalable enabling key players in proper-ty buying and vacation rental to use its platform.

Zillios is created to serve both agents and owners, offering them unlimited free listings, so they will include all of their properties instead of just a selection. Sellers can directly influence the search results and visibility of their properties per geographic location by placing bids through the pay per click auction model including use of the Zillios token. A transparent and flexible system, without mini-mum monthly fees. This is a unique feature, as the leading real estate portals do not offer control on individual property positions.

Zillios provides relevant traffic, unlimited leads and smart tools, making it a perfect marketing solu-tion for agents and owners. Because of a direct integration with Google, properties of real estate agents and owners will be indirectly present in relevant geo based paid Google searches, without needing any marketing knowledge or expensive agencies. Owners and agents will benefit from Zillios´ one-stop-shop marketing & sales solution with automatic listing translation and easy access to international buyers.

Thanks to the blockchain based smart contracts, real estate deals will be facilitated in real time, with or without agents, making interaction faster, more transparent and cost efficient.

Our solution for sales and rental: ZilliosZillios is the only international real estate portal where both owners and agents can publish all their properties for free, resulting in a one-stop-shop platform for international buyers and vacation renters.

Zillios is created to serve both agents and owners, offering them unlimited free listings, so they will include all of their properties instead of just a selection. Sellers can directly influence the search results and visibility of their properties per geographic location by placing bids through the pay per click auction model including use of the Zillios token. A transparent and flexible system, without mini-mum monthly fees. This is a unique feature, as the leading real estate portals do not offer control on individual property positions.

Zillios provides relevant traffic, unlimited leads and smart tools, making it a perfect marketing solu-tion for agents and owners. Because of a direct integration with Google, properties of real estate agents and owners will be indirectly present in relevant geo based paid Google searches, without needing any marketing knowledge or expensive agencies.

Buyers

Sellers: Agents and owners

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Owners and agents will benefit from Zillios´ one-stop-shop marketing & sales solution with automat-ic listing translation and easy access to international buyers.

Thanks to the blockchain based smart contracts, real estate deals will be facilitated in real time, with or without agents, making interaction faster, more transparent and cost efficient.

Decentralized blockchain technology empowers people. That is exactly what is needed in the rental market dominated by third parties intervening between the house owner and renter. The Zillios plat-form will allow a true peer-to-peer rental economy although agents will not be excluded as owners can choose to have them manage their rentals.

For rental agents and vacation home owners Zillios offers a one-stop-shop marketing & sales solu-tion generating direct bookings, traffic and contacts. Property listing is free and flexible cost per click bidding can be used to influence the geographic based vacation listing positions. Bidding on specific vacation dates is foreseen as well, a unique feature to maximise marketing investment return, since vacation rental is about time management. With the use of smart contracts, bookings can be made directly on the Zillios platform, which includes a comprehensive vacation booking module and book-ing payment control. And, most importantly, Zillios charges 0% rental commission.

Vacation renters will benefit from 0% commission smart contract bookings, including safe rental deposit escrow services and validated ownership of vacation homes.

Vacation rental

Zillios will be an open infrastructure platform, allowing access and interaction not only to the main players but also to a variety of real estate related services, like notaries, lawyers, mortgage brokers, banks, insurance companies, valuation companies, movers, construction companies, cleaning, main-tenance, security, utility provisions, etcetera. Zillios will have a highly relevant audience for those third parties who offer their services to homeowners, buyers, and vacation rental. Individual user data will not be sold, but users can choose to make use of trusted expert third party services. Users will be guided through clear process flows and can interact directly with experts who are connected through the Zillios API. Users will be offered token based advantages generating additional revenues for third parties.

Third parties

Zillios brings the next revolution in vacation rental charging 0% commission!

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With this model Zillios is offering more than just branding, promotion and leads since the API enables direct interaction with experts while processes are managed effectively through smart contracts. The foreseen growth of the platform will offer additional valuable services to third parties, like big data and real estate market insights.

Real Estate Market Pitfalls & Zillios Solution

CURRENT MARKET PITFALLS ZILLIOS SOLUTION

International property sales International property sales

Leading portals have national focus, international offer is fragmented

A limited number of properties is placed on portals since they charge per listing

Agents and owners have no control over thepositioning of a property within the search results

Real estate portals lack transparency and flexibility in marketing expenses

Marketing for small amount of properties is not cost efficient

Inefficient deal closing and transaction processes

Selling a property without agency is difficult

Lack of trust mechanism in transactions between buyer and seller

International property buying is complex with legal and fiscal differences

Largest possible offer of international properties in 500+ popular regions

Free property listing to real estate agents & property owners

Full control over individual and geo based property listing positions

Transparent and flexible marketing expensesthrough pay per click

One-stop-shop marketing & sales solution for owners and agents

Hassle free smart contract international deal closing

Blockchain based efficient and transparent processes

Trusted third party property services for buyers and sellers

Comprehensive tools, content and service for international home buyers

CURRENT MARKET PITFALLS ZILLIOS SOLUTION

Vacation Rental Vacation Rental

Vacation renters suffer from hidden costs and long-term ahead payments

Lack of trust for vacation renters: no control on payment and deposit

Agents and owners pay high fees and/or commis-sions with often long delays to receive payment

Agencies and owners depend on portals for traffic and bookings

Agents and owners have no control over property listing positions within the search results shown by portals

0% commission vacation rental booking for all parties

Blockchain-based smart booking and escrow solutions

Comprehensive booking management system including payment ownership and document flow

Free relevant traffic from all main marketing channels

Full marketing control over property listing positions and vacation dates to promote properties on specific dates

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Zillios benefits per stakeholder

Homeowners benefit from: Holiday homeowners benefit from:

Free property listing without need of an agent

Easy access to international buyers

Efficient blockchain direct deal closing processes

Individual, flexible and affordable property promotion

Bookings without portal/agent commissions

Full control of rental payments

Comprehensive booking system

Trusted third party rental service providers

Unlimited free property listings and leads

Easy access to international buyers

Efficient blockchain deal closing processes

Geo based flexible and affordable property promotion

One-stop-shop international property portal

Transparent and efficient deal closing process

Trusted third party assistance

Smart tools and property buying guides

Property agents benefit from: Buyers benefit from:

€

Vacation rental agents benefit from: Vacation renters benefit from:

RENT

0% commission vacation rental bookings

Full control of rental payments

Flexible, date-based vacation homes promotion

Efficient rental processes based on blockchain

Transparent rental booking with 0% commission

Direct booking

Trusted booking and deposit through smart contracts

Access to additional vacation services

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SCALABLE PLATFORMNext generation platform serving key stakeholders in real estate worldwide

Why ZilliosZillios causes a revolution in the real estate market using blockchain technology and a disruptive business model to break the dominance of the leading portals.

+ 1.000.000P R O P E R T I E S

Access to real estate stakeholders

Qualified leads

Branding & promotion

Big data & real estate market insights

API connectivity

Third party benefit from:

THE NEXT GENERATION REAL ESTATE PLATFORM

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ENABLES EARLY ADOPTION OF BLOCKCHAINZillios helps real estate stakeholders to make their business processes more efficient

EXPONENTIAL PROPERTY LISTING AND USER GROWTHThe disruptive model of free listings and 0% commission will drive platform use

FREE LISTING

PAY PER CLICK REVENUE MODELSophisticated auction bidding system, proven in advanced markets, new in real estate

COMPREHENSIVE TOKEN ECOSYSTEMZillios token has a key role in growing platform use bringing together all key players in one global real estate platform.

EXPERIENCED TEAMSeasoned entrepreneurs in real estate, technology and marketing

READY TO EXPANDAfter years of development phase one is live with over 1.000.000 properties online

Zillios is not just another portal, but offers a platform with full infrastructure serving all key players in property buying and vacation rental. Zillios offers free access to great technology and transpar-ent costs for fully controllable and flexible marketing spend. Zillios puts an end to unclear costs, monthly fees and high commissions, the business model of current leading portals. 24

How does it work? Zillios is about using blockchain to make real estate processes more efficient, not to replace people. A lot of home buyers and sellers prefer to work with agents as they themselves do not have sufficient knowledge and confidence to deal with important matters like property buying with great financial impact.

Zillios brings transparency in the processes and guides the buyers/seller and even agents. With the help of clear processes and smart contracts Zillios offers a platform to buyers and sellers to interact directly with each other and to ask for assistance of third party experts during the journey. In the end, each individual wants to choose the way of working he or she is comfortable with.

BID NOW

Start your offer process with smart contract blockchain technology

BOOK NOW

Start your offer process with smart contract blockchain technology

Buyers &Renters

Core Transaction with Zillios

Valuation

Legal

Movers

Renovation

Agents &Owners

Searchfor property

ServiceProviders

Zillios token is the driver of a comprehensive ecosystem bringing together all key players in one global real estate platform.

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The Zillios platform has been designed for superior navigation and great usability experience. Each available property in Zillios will be shown in users geographical property search results, which can be fine-tuned with filters. Properties with more qualitative content will be more visible. Agent and owners will be stimulated to offer high quality property listings, like walk-through trueview 3D video, to enable virtual visits facilitating international property buying and rental transactions. The Zillios algorithm will further be developed to match sellers with potential buyers and will become more sophisticated over-time based on big-data and artificial intelligence. Automatic listing translation will help to connect property buyers, sellers and agents overcoming international language barriers. This way the sales and rental potential increases exponentially. Addi-tionally, Zillios will develop content guides on international property and top holiday regions, helping users in their orientation process and attracting new visitors.

A user friendly mobile app is key for portal usage and user retention. In the development roadmap a mobile app is planned to search and save properties, to set alerts for new properties and to commu-nicate directly between parties including smart contract based offer agreements. For vacation rental, the mobile app will incorporate a smart contract based booking process. User experience will be a strong point of focus during further development, since this determines the success for owners and agents.

Zillios´ intelligent software automatically identifies suitable properties in the most important regions for international property buyers. Already 1.000.000+ sales and rental properties are available online in version beta. New agents and property owners can easily create an account in Zillios and add their properties for sale and rental homes from their dashboard in bulk, all for free! This means the number of properties will expand rapidly on an international level. The great advantage for users, especially international buyers, is that they don´t have to visit dozens of websites, as Zillios will show it all. For rental, Zillios also offers free listings to agents and property owners. And, at the same time Zillios does not charge any commission on the rental fee to owners or agents and neither to vacation renters.

Zillios brings transparency to the real estate market by connecting the different participants through the blockchain and through the economy created by the Zillios token.As seen in the diagram above, we tackle the market first through the buying/renting journey of a user of the Zillios portal or mobile app. The interactions between participants are being made transparent and time efficient. Smart contracts enable the transaction and allow payments in Zillios tokens. After a transaction occurs, Zillios gives the buyer/renter the option to opt in to expert services provided by our partners, through Zillios partner API. All interactions are transparent and all legal documents are stored safely in a decentralized storage system and connected to the blockchain.

Zillios enables a revolution in real estate applying blockchain and a disruptive 0% commission business model to break the dominance of leading portals.

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Superior User Experience

Whereas currently the online property search usually stops when an attractive property has been found, Zillios will pave the road towards blockchain based real estate transactions allowing the key stakeholders to finish their journey once starting at Zillios.

In order to facilitate the complicated international real estate purchase process Zillios will offer easy to use process flows, the steps needed to formalize the purchase of a property, adapted to local regu-lations. Buyers, sellers as well as agents can easily follow these steps and will be informed real time on the status of the transaction. This will enable buyers and sellers, with or without agent, to efficiently communicate with each other and formalize a property sale.

In the first development release Zillios will offer a smart contract based private sale agreement enabling buyers and sellers to close a deal. Buyers can make a first offer on the Zillios web or mobile app which can be accepted, rejected or counter-offered by seller (through an agent if he will be involved from seller side). During the deal closing process, buyer and seller can agree on terms like deposit and either party can make use of additional expert services as they wish. When the offer gets accepted, a smart contract will be activated which will execute automatically based on the agreed terms. As a result of the smart contract a time stamped agreement digitally signed by the parties is automatically created. After the initial pre-sale has been agreed, the buyer and seller are guided through the next steps and further preparations for the final sale will have to be done, like proof of ownership, down payment, mortgage, energy certificates, etc. This will imply an extraordinary prog-ress in the worrisome international buying process, where matters like paperwork, third parties, language barriers, distance and lack of trust usually complicate and delay the process. The threshold to buy a house abroad will be significantly reduced and the buyers market will be larger.

Initially the blockchain based smart contracts will include all the pre-sales agreements and processes within current legal possibilities, prepare official documents effectively for signing at the notary to validate the property transaction and official registry. With time, when international public registers will evolve on public ledger technology, these entities will be connected enabling the whole interna-tional sales process through smart contract functionality, making Zillios an end-to-end platform for property sales. So, Zillios will facilitate end-to-end international blockchain based real estate transac-tions following public authority developments to connect the necessary public registers to the block-chain offering a future proof infrastructure.

Zillios offers peer-to-peer real-time blockchain based rental and sales closing, changing the traditional real estate market.

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Blockchain and smart contract technology

For vacation rental a direct booking functionality based on self executing smart contracts will be creat-ed as part of the roadmap. This will generate real time safe peer to peer bookings, including smart contract based deposit and down payment solutions for a small and transparent tokenized fee, taking away the most important issues of the current rental market and allowing direct transactions between owners and renters, without commissions.

Blockchain and smart contracts will not only manage the smart working of the Zillios platform, but also enable solutions that facilitate real estate and rental processes. This means that buyers, sellers and agents can easily follow the blockchain based smart contract steps, without any technological knowl-edge. Real estate stakeholders who use the functionality offered by Zillios will become early adopters of blockchain technology and gain a competitive advantage.

Zillios offers a free listing system, without any cost and no commissions or lead charges. This is unique in the real estate portal market and will lead to a significant growth of property listings benefitting the offer for potential buyers and users.

In order to get more visibility, visits and leads, Zillios allows agents and owners to place bids for select-ed (or all) properties to make them show on top of free listings. Here token use is foreseen. Charges occur when a user views a bid activated property, meaning agents and owners only pay when a user clicks on the property in the search results. Generally agents will bid more for their most interesting properties to show on top, which is also of interest to the visitors.

The Zillios cost per click auction system allows listing position control, flexible marketing spend and date based rental period pushing, unique features in real estate.

The underlying algorithm in the Zillios bidding engine is the Vickrey-Clarke-Groves auction (VCG), which Google Adwords adapted and optimized for keyword search, and Facebook adapted and opti-mized for social targeting. In this bidding engine, Zillios is adapting and optimizing the VCG auction algorithm for real estate bidding and search.

Agents and owners have full control and transparency on their marketing expenses and property listing positions in Zillios.

Attractive houses on top: auction system

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FREE BASIC LISTINGProperties can be added manually, through XML upload or via the Zillios API allowing easy upload for large numbers of properties. Both for sales and rental, property upload and visibility in the geo search results is free for agents and owners.

1

ACCOUNT DEFAULT BIDTo distinguish themselves from free listings, owners and agents can use their control panel to set a default bid for their properties, making them appear higher than free listed houses in the same geo zone (usually town/city). Apart from geo, property type can also be selected for the bid to focus on specific types of real estate (eg. house, apartment)

2

DEFAULT GEO BIDThrough the dashboard or API a higher default bid can be made for all properties in specific zones. This way agents can easily boost visibility in their top zones.

The more popular a region and the larger the number of owners and agents, the more pay per click revenue will be generated through the auction based system. For vacation rental, additionally rental dates will be biddable, making efficient mar-keting spend possible pushing houses in the period they are empty.

3

SPECIFIC LISTING BIDSpecific bids for individual listings allow the best properties to show on top of the results for specific geo zones. Whichever geo-property-combination has the highest bid will be shown on top, when complying with user interest quality algorithm. This way, the most interesting properties will be likely to be shown first, which is also of interest to people interested in buying or renting.

4

THE PAY PER CLICK (PPC) SYSTEM WILL CONSIST OF THE FOLLOWING OPTIONS:

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Zillios is not just technology, but actually helps agents and owners to promote, sell and rent their properties in an affordable, flexible and transparent way driving traffic unlimited leads and direct bookings from the main international target groups.

To make this possible, behind the scenes Zillios is connected to the main search engines, social chan-nels, email marketing, retargeting, partner networks etc. making Zillios an all-in-one marketing chan-nel for owners and agents. This means they don´t have to hire expensive agencies or spend large budgets; Zillios does the work.

The acquisition of traffic will be automated, based on search parameters in Google (as main search engine in Europe), the Zillios platform and availability of qualifying listings. This way properties of real estate agents and individual owners will be indirectly present in relevant geo based paid Google searches.

Agent and property owners can benefit from Zillios as an advertising platform without any marketing knowledge, but with full control on the budgets and their geo listing positions. Zillios is all agents, property managers and owners need!

The whole process can be managed through the Zillios dashboard, with free access for all parties. Within the dashboard, agents and owners are able to see the geographic origin of the person that generated the paid click and date/time of bidding. The Zillios API will enable large scale property listing and bidding functionalities.

Free Listing

Zillios Token

Marketing made easy

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Below user cases serve to give an idea of future use of Zillios by different types of stakeholders. Blockchain based process optimization user cases have been worked out, which also include elements of more mature blockchain and crypto token adoption by public administration and users.

As Peter keeps on seeing Zillios both in publications and in the top positions in search engines, he decides to publish his houses for free on Zillios to be visible for foreign buyers in numerous languag-es. Soon after this he starts to receive interesting contacts and Peter decides to use Zillios´ bidding system to make sure his best houses are shown first in popular locations. Hereto he conveniently uses the Zillios tokens that he received for activating his account with the creation of his Zillios token wallet and for referring a collaborating agent.

Now the amount of contacts increases rapidly and within a month Peter closes his first sale from a Zillios contact. Since the buyer was located in the United Kingdom and the house owner lives in Swit-zerland, the blockchain based deal closing system conveniently took care of the price negotiation resulting in final offer acceptance with smart contract pre-sale agreement. Signing at the notary, who was also in the smart contract chain, was just a formality after that. *Peter decides to buy more Zillios tokens to enhance the number of leads and sales. At the same time he pauses his own paid search campaigns.

Peter owns a real estate agency on the French Riviera. To get more visitors to his website he starts working on organic and paid search engine positioning. Soon he realised this requires quite a bit of knowledge or an expensive expert. And he needs a large budget, while the number of contacts is limited because of the fierce online competition.

In the first week Ramon receives an email and a phone call through Zillios, but he realises he can increase the amount of contacts when his house is more visible. Since he saves a lot of money without agent commission, he starts working with the Zillios geo based bidding system to increase visibility for his house making use of the Zillios token advantages.

Ramon owns a villa on the Spanish Costa Blanca but he has to move for his work. He decides to put his home for sale, but he doesn't feel like paying the typi-cal 5% of commission to a real estate agent. As he knows the Costa Blanca is very popular with foreign-ers, he publishes his house for free on Zillios having seen their publicity about their international real estate scope.

User Cases

FOR SALE

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Real Estate Agent

Home Seller

Soon after this Ramon is contacted by an interested buyer from Germany, who visits his house the week after together with his wife. After the couple returned to Germany, they talk to their bank and decide to buy Ramon`s villa. As they cannot fly to Spain in the next week and don't want to risk the house getting sold in the meantime, they place a bid through the smart contract feature on the Zillios mobile app.

Ramon happily accepts the bid through the workflow led by the smart contract and demands a down-payment. The German couple accept and the whole deal is formally arranged within minutes through the blockchain based smart contract. A time stamped document with the agreed terms was sent to the notary where the transfer deeds were signed by all parties three weeks after.*

Christie is and upper middle class lady from the UK, who is interested in buying a vacation house in the Côte d’Azur. However, Christie has a busy life, and is concerned about all the time and money she needs to spend in order to deal with all the bureaucratic procedures involved with buying a house in anoth-er country that she only knows as a mere tourist.

Christie searches online and finds Zillios. In between business meetings, Christie is now passionately using the Zillios mobile app to search for beautiful homes on the French Coast, and she loves scrolling through the photos of seaside houses while she resides in the foggy UK weather. Thanks to the walk-through trueview 3D video functionality, Christie takes a virtual tour through the nicest looking houses. When Christie finds the perfect home, she makes an offer since she doesn’t want to miss out on her dream property. She received the counter offer from the real estate agent in the Zillios mobile app and, after just a few messages, they have a deal.

Luca owns a house in Italy and only uses it in July. He decides to rent out his house the rest of the summer as it is in a popular tourist destination. He publishes his house on Zillios for free since he read about the freemium model. This way Luca will not have to pay any commissions over the rental fee, unlike on the known international vacation rental portals.

After placing his house on Zillios, Luca immediately starts using the easy bidding system, paying in tokens. Soon he starts to receive bookings directly on Zillios. Then Luca notices that only 3 weeks are still available, he now raises the bids on his house on only these specific weeks and within two weeks his house is fully booked for the summer.

To formalize the bookings the renters used the booking smart contract on Zillios and are not being charged any additional commissions. The deposit, always a point of fear and discussion in vacation rentals, is also included in the smart contract to secure trust between parties. After the first renters leave the house, the property manager of Luca inspects the house and informs Luca that everything is okay. Luca does not report any issues of the rental in Zillios, so the smart con-tract automatically returns the deposit to the renters. The renters were happy with the services and house offered by Luca and rate him with 5 stars.

Vacation rental

Home Buyer

FOR RENT

?

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Christie doesn’t need to pay someone to due diligence the property or the agent, as agents are veri-fied and properties are certified in a ledger at Zilios. All the interactions between Christie and the real estate agent are managed by Zillios on the blockchain. All official documents and contracts resulting from the transaction are securely stored in a decentralized file storage and validated by final signing by the notary*. Christie pays the transaction in Zillios tokens, avoiding inefficient and costly fiat-based bank transactions as previously agreed.In the end, Christie can even select services offered by Zillios Partners, such as moving, insurance, energy, etc. These partners have previously been vetted by Zillios, and integrated through the Zillios API using the standard agreements for the services they provide. It’s transparent and it’s reliable, Christie loved the experience of buying her dream house in the Côte d’Azur.

Miguel owns a property valuation company in Malaga and is eager to get more leads and clients to use their valuation services. He knows a lot of foreigners buy properties in the region, but he has difficulties in reaching this buyer group as they don´t speak Spanish and usually live abroad. He gets to know the Zillios platform and connects easily with the API of Zillios.

Sara from Norway makes an offer on an apartment in Marbella on Zillios.com and marks the condition that the purchase will only be formalized in case the valuation is equal or higher than the offer. The offer is accepted by the seller.

Partner Organization (Valuation company)

Jan and Marie have 3 kids and decided to go on holi-day. They only have a one week summer vacation, but they want to fully enjoy it in the best possible seaside property. They still have no idea where they should go so they look online, through the Zillios portal, which aggregated millions of properties from all over the world with a 0% commission model. They need to get inspired.

After just a few minutes of comparing locations and properties, they fall in love with the beautiful Algarve, in Southern Portugal, that’s where they will spend their summer holiday this year. In Zillios both properties, agents and owners are verified, and all their past transactions are stored in the block-chain, so Jan and Marie can just go ahead and book their chosen property for the week.

They agree on the booking price with the Agent, via the messaging feature on the Zillios Portal, and the deal is formalized. The payments are made in Zillios tokens, to avoid inefficient and costly fiat-based fees. Jan and Marie make a deposit, that is secured in a secure escrow smart contract. This deposit will be returned automatically to them if nothing has gone wrong renting the property, if not it will be transferred to the property owner. Jan and Marie are surprised at how easy it was to book and pay for the rental without being charged commission.

Vacation renter

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Technology

In the admin panel of Zillios Sara sees the next steps to formalize the buying process. In order to validate her offer and to get a mortgage for the apartment a valuation by a certified person is required. She doesn’t feel like searching herself for a good expert, so she marks the checkbox. With her permission the property details are sent to the valuation companies connected to Zillios in the Malaga area.

Miguel gets notified of a new valuation assignment and directly accepts the job. A few days later the valuation is finished and he uploads the valuation report to Zillios. The value stated is higher than the offer Sara made and automatically the sale agreement is formalized in a smart contract. Sara gets notified of the valuation and the agreement formalization. She continues with the next steps of the buying process, assisted by Zillios. After contracting a mortgage Sara and the current owner sign for the property transfer at the notary.*

* The blockchain based smart contracts will include all the pre-sales agreements and processes within current legal possibilities and prepare paperwork effectively for signing at the notary. Once international public property registers will evolve on public ledger technology, these entities will be connected enabling the whole international sales process through smart contract functionality, so Zillios will facilitate a true end-to-end platform for property sales.

High Level Architecture

The Zillios platform is an independent and completely new development based on our own technolo-gies. Our technology architecture is optimized for speed and scalability, on the user facing side, and is optimized for reliability and security on the transactional side.

Ethereum Smart Contractsand IPFS File Storage

Mobile and Desktop Portal

Traffic and BiddingDashboard

Listings Engine and Database

Listing position bidding engine

Traffic and TransactionsAnalytics

PartnershipsEngine

Mortgages

Insurance

Valuation

Legal

Movers

Renovation

Tourism

Buyers

Renters

Agents

Owners

System AdminPanel

Zillios Admin

Zilli

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Zilli

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The Zillios mobile apps are native Android and iOS applications. These will have all the functionalities for Renters and Buyers to scroll through the top properties, search for properties in certain regions or with certain characteristics, and bid for deals inside the app. Renters and buyers will also have an admin panel inside the app, where they can track their offers/bookings in real time, and track their integrations with deals from Zillios Partners who connect through the Zillios API. The decision to have native mobile apps rather than just mobile web is to keep the engagement with the user base, and have the ability to communicate any relevant new properties with them through push notifications, if they choose to allow them in the settings.

Mobile Apps

This Portal allow the same functionalities as the native mobile apps. Renters and buyers will also have an admin panel inside the web portal, where they can track and manage their offers/bookings and deals with 3rd Zillios Partners. The addition in functionality is that the web version of the Portal will also allow sign up and login from real estate agents, to access their dashboard, and from the Zillios Admin-istration team, to access their admin panel. As most of the Web stack, this Web Portal is part of the LAMP (Linux + Apache + MySQL + PHP) stack that supports the web properties.

Web Portal

This dashboard allows real estate agents to securely create/update/delete listings of their property portfolio, bid to promote their properties in Zillios, manage all traffic and conversion metrics, reply and track the bids made to their properties, etc. As most of the web stack, this dashboard is part of the LAMP stack that supports the web properties.

Dashboard for Real Estate Agents

This secure Admin Panel allows the Zillios team to moderate the content uploaded to the website, to make sure there is no offensive or inappropriate listings, and also to review and guarantee that all properties have a good enough level of detail to match the expectations of renters and buyers who visit Zillios. The Admin team will also have the ability to monitor the real time bidding of Agents for properties, making sure it runs smoothly and that all aspects of customer support are taken care of. As most of the Web stack, this Admin Panel is part of the LAMP stack that supports the web properties.

Admin Panel for Zillios Team

This Server and Controllers leverage the secure LAMP stack with databses and servers that already exist for Estatefy, the existing running company from the Zillios founders. This runs on top of Zillios physical servers, where a PHP server is running and serving a Laravel stack. All of Zillios’ web proper-ties are coded in an Model-View-Controller (MVC) model, which optimizes speed of development and lower maintenance costs.

Zillios Secure Web Server and Controllers

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The Listings Database is a secure MySQL relational database in which a baseline of 1.000.000 proper-ties are already accumulated. A smart listings engine collects new properties as they are uploaded to partner portals, either via integrations with partners APIs and / or by scraping the listings pages on their websites, both with their consent via business agreements. This Engine also integrates with the smart contracts to track and validate the offers made by renters and buyers to each property, and uses IPFS to store all the documentation that results from these transactions.

Listings Engine and Database

The Real Time Bidding Engine manages all advertising made by real estate agents on the Zillios web-site. This Engine receives bids made by Agents on their Dashboard, and displays the higher bidders above the lower for every geo and property type to which there were Agents submitting bids. The underlying algorithm is the Vickrey-Clarke-Groves auction (VCG), which Google Adwords adapted and optimized for keyword search, and Facebook adapted and optimized for social targeting. In this bidding Engine, Zillios is adapting and optimizing the VCG auction algorithm for real estate bidding and search. The key parameters are:

For this part of the stack we’ll use a set of Python-based microservices for the VCG algorithm and the surrounding business logic. A NoSQL database will be used to store the results and serve them very fast as they are requested by queries in the website and mobile apps.

Real Time Bidding Engine

In such a high traffic and high interaction platform like Zillios, we end up collecting a lot of usage data that is useful both to display for Agents to optimize their own properties, and internally for Zillios to optimize the several engines that need to work like clockwork. Zillios will not sell user data, according to the GDPR. Everything will be used internally in Zillios to provide a top experience to all parties involved and reduce the number of faults and bugs.For this part a SMACK (Spark, Mesos, Akka, Cassandra, and Kafka) stack will be used, to allow for real time data collection and processing, and the scalability for the high volumes of traffic we expect Zillios to have from very early in the expansion roadmap.

Traffic and Transactions Analytics

This Engine manages all integrations with partners through the Zillios Partner API. It does both access control and billing. It fully integrates with the Smart Contracts that manage the transactions, since all the relevant triggers for partners are generated there. Also the access control, audit trail and token-based billing have a great deal of interaction with the Smart Contracts.

Partnerships Engine

Geography, with granularity down to the actual town;

Property type, such as villa, apartment, etc;

and Date Period, in days.

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All parties other than Renters, Buyers, Owners, real estate agents and the Zillios team, will interact with Zillios via this Partners API. It manages all requests and replies between the Partnerships Engine and the external parties integrating with Zillios.It will be an API Gateway in front of the Partnerships Engine microservices.

Zillios Partner API

These trackers are a core part of the smart contract architecture. The Property Tracker, as a central node, will create a unique ledger of all listed properties, their ownership and the transactions that happen to each property over time. IPFS is used to store all sensitive documentation in regards to KYC to Properties, Owners, Agents, Buyers, Renters and Rental/Buying transactions that happens between them.

Property, Agent/Owner, Buyer/Renter Trackers

Zillios relies heavily on Ethereum Smart Contracts to manage all the transactional flows, and IPFS to store sensitive files.

Ethereum Smart Contracts and IPFS

Ethereum Smart Contracts and IPFS File Storage

Buyer/RenterTracker

Agent and OwnerTracker

PropertyTracker

Agent and Owner Incentives

Agent <>Buyer/RenterRating System

Rental Billingand Dispute

Transaction andAgent Calculation

Advertising Tracking and Billing

Booking Tracker

OfferTracker

Partner API AccessControl and Billing

Partner Catalog

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The Agent/Owner Token Adoption System is where the actions that trigger tokenized incentives are processed. Such actions include account activation, referral of other agents and bulk upload of quality listings. The token balance is still stored in the Agent/Owner Tracker.

Token Adoption System

There will be a rating system that allows Buyers/Renters to rate Agents/Owners and vice-versa. This will be a standard implementation of a rating system, with some token-based incentives on top of it to promote usage and avoid spam. This rating system will be connected to the Bookings and Offers.

Rating System

This is where the Property advertising is processed and actions are tracked. As a consequence, this is where the billing is done in regards to these activities.

Advertising Tracking and Billing

When a Renter/Buyer makes a booking/offer on Zillios, the documentation of the agreement is gener-ated for the parties to sign. As a consequence, the Property Tracker is updated and the documents are stored on IPFS.

Rental/Buying Trackers

Zillios manages the renting transactions and payments in tokens. This smart contract processes the billing and tracks the disputes between the parties. Renters’ deposits are stored in tokens, and this smart contract is responsible to either clear the funds or return the funds to the renter in case of a dispute.

Rental Billing and Dispute

Commissions to Agents are automatically calculated and paid in tokens to Agents when a transaction happens on Zillios.

Agents’ Commission calculator

Zillios will maintain and build over time a catalogue of the supported partnership categories, for each of them there will be a standard agreement to be signed between the partner and the property Buyer or Renter.

Partnership Catalog

Partners are recorded and KYC’d here, the agreements signed by Zillios Partners with buyers/renters are tracked and managed by this smart contract and stored in IPFS. The billing for the services ren-dered is also managed here.

Partner API Tracker

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The quality of the software is very important to Zillios. A software quality assurance engineer is hired to monitor the whole software development process. The quality assurance engineer monitors every phase of the software development process to ensure design quality and making sure that the soft-ware adheres to the requirements set by Zillios and new products work as designed before they are released. The quality assurance engineer oversees the entire development process and is involved in software design, writing source code, control of source code, reviewing code, configuration management, change management, program testing, integration of software and release management process.

Software Quality Assurance

Transactions, data and communications will be securely processed and safeguarded. Smart contracts provide secure, encrypted and confidential data storage. The concepts ‘Privacy by Design’ and ‘Priva-cy by Default’ of the European General Data Protection Regulation (GDPR) as is in force from 25th of May 2018 will be taken into account in the development process.

Data Protection

In July 2018 the beta version of Zillios is put live at Zillios.com, containing the basic functionalities of the platform with already over 1 million houses for sale and for rent. This version includes amongst others property profile management, XML feeds, rental booking process and management of holiday rental homes, ticket system for leads and dashboard.

Zillios.com Beta version

With the proceeds of Zillios token sale, Zillios will develop blockchain code to enable full portal func-tionality as described in this Whitepaper. At this time, already an initial series of smart contract coding has been published on Github in line with the project needs. This concerns smart contracts to serve as registries for Properties, Owners and Agents, with basic support for operations such as:· Create properties· Owners to insert/change/remove an agent to be in charge of such property· Property ownership to be transferred to another owner· Check if certain Property exists· Check who is the Owner of a certain Property· Check if a certain Agent can manage a certain Property· Have a full audit trail of the operations that happened to a Property over time

Blockchain code Github

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Minimum Viable ProductThe team of Zillios has been working on the portal since 2017, defining and developing the structure and gradually adding functionalities.

Detailed Product Roadmap

2018 Zillios Beta Website Zillios Web Portal Property Upload Backoffice Basic Admin Panel Smart Contracts deployed to the main net to enable: - Token Private Sale and CrowdSale

June 2019Zillios platform live version 1.0: Advertising & Token functionalities Account creation and Wallet Connection for Easy Agent Onboarding Token Incentives for Platform usage operational Agent & Property Owner Backoffice Support for upgrade to Premium

Roadmap

With the first proceeds of the Private Sale Zillios team will continue to develop blockchain and portal functionalities in line with the product development roadmap.

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Zillios´ roadmap is based on a phased development capitalising on current market needs and anticipating broader adoption of blockchain/crypto and public ledgers by governmental authorities. For this reason we will first launch Zillios as a token paid advertising platform with blockchain based real estate process improve-ments before facilitating blockchain based property transfer with crypto payment.

Zillios works with a flexible development team, allowing the roadmap to be completed faster by working in parallel teams. Our goal is to deliver the live version of Zillios platform as soon as possible, including token paid advertising functionality. Development will be speeded up as soon as softcap is reached aiming to launch version 1.0 end of 2018. After this the platform will be extended and improved continuously.

2019March/April June

20192018 December

2019June

2020December

2020June

2021December

2021

Smart Contracts Property Rental & Pre-Purchase stage

Partnerships & Third Party Access to Zillios Infrastructure via API

Tokenized Property Rental operational

Infrastructure ready for Property Ownership Transfer on Blockchain with Property Payment in Tokens

Zillios BETA website

Launch Zillios Big Data System

START OF TOKEN SALE Zillios platform

Live version 1.0: Advertising & token functionalities

Basic Property Real Time Bidding Engine First version of Bidding Dashboard for Agents Improved Search and Filter options Mobile Apps for Renters / Buyers Smart Contracts deployed to the main net to enable: - Property Promotion - Real Time Bidding - Tokenized Incentives to accelerate growth - Support for Payments in Tokens

December 2019 Smart Contracts Property Rental & Pre-Purchase stage Property Traffic and Bidding Dashboard for Agents System Admin Panel Extended Property Real Time Bidding Engine Support for Pre-Purchase stage Process Flows (offers, acceptance, conditions) in the Zillios platform Support for Rental Booking in the Zillios platform Support for collecting, managing and storing documentation of pre-purchase agreements and bookings Smart Contracts deployed to the main net to enable: - Verified Properties, Owners and Agents - Verified Buyers and Renters - Verified Offers and Bookings - Blockchain Based Property Buying Offers & Deal Closing - Blockchain Based Rental Bookings - Secure Storage of Basic KYC Documentation - Property Promotion and Real Time Bidding per Geo, Date and Property Type

June 2020 Partnerships & Third Party Access to Zillios Infrastructure via API Improvements to the Real Time Bidding Engine to include Partnerships Partnerships Engine Zillios Partners API and Documentation Improvements to the System Admin Panel to include API management Third party verification and connected to process flows. Smart Contracts deployed to the main net to enable: - Extended KYC to include Partners - Partner Services and Agreements Outline - Partner API Access Control and Billing

December 2020Tokenized Property Rental operational Improvements to the System and Web/Mobile Portal to: - Enable token-based rental bookings and payments - Renter Deposit Management - Enable dispute tracking and management

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Improvements to the System Admin Panel to include rental payments tracking and management Smart Contracts deployed to the main net to enable: - Extended KYC on Properties and Renters - Renter/Buyer <> Agent/Owner Rating System - Rental Billing and Dispute System

June 2021Infrastructure ready for Property Ownership Transfer on Blockchain with Property Payment in Tokens Improvements to the System and Web/Mobile Portal to: - Improved KYC documents upload and management - Connect third parties to after-purchase stage Improvements to the System Admin Panel to include include property buying payments tracking and management Smart Contracts deployed to the main net to enable: - Extended KYC on Buyers and Owners and Validation of Property - Enable token-based property buying and payments - Generation of hashed and time stamped documents

December 2021Launch Zillios Big Data System Connections with other data sources (public/partnerships) High-Performance Analytics Systems Data accessible for Business Intelligence Enhance Customer Experience with Predictive Analytics and AI Smart Contracts deployed to the main net to enable: - Controlled access to data - Abstraction and enrichment of data

Zillios defined a phased international rollout strategy. At the start focus will be on Spain and France, where the Zillios team already have a lot of market knowledge, local presence and local networks. Just in these two countries alone, there are over 75.000 active agents, around 1.5 million houses sold yearly, and hundreds of thousands of vacation rentals take place.

Paid marketing and sales efforts will be built up region by region, based on market volume, for cost-effective traffic and media buying. Additionally our intelligent software based on numerous parameters identifies and includes properties in the main international property and holiday regions.

After Spain and France, Zillios will expand to other European countries and into the world, focusing on the most important countries for international buyers and renters.

Rollout countries

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Phase 1

Spain France

Phase 2Europe

Phase 3World

This ICO has an ambition to have a long term positive impact in the real estate market and in all stake-holders involved, by disrupting and making several processes that are currently costly and burden-some more efficient. We propose that the best way to achieve the long term vision is to optimize token utility for broad adoption by the stakeholders.

Blockchain, tokens and smart contracts is not yet regular business for real estate stakeholders. There-fore in the first phase we will incentivise early adopters for activating their account and the creation of their Zillios token wallet. Next we will provide a limited amount of tokens to stakeholders for certain specific actions that drive platform use and revenue generating transactions. With push actions and promotions for token usage at the start, we expect that further on token usage will increase rapidly in view of the large number of stakeholders worldwide, high traffic, and also given that tokens can be used for a variety of functions in the ecosystem.

The following main utilities have been foreseen for the Zillios tokens, not excluding additional future functionalities. Zillios tokens are foreseen to be used within the payment and incentive model of the Zillios platform comprising of the following uses:

Premium token utilities

Geo position bidding:Basic house listings will be free on Zillios, but real estate agents and owners will be keen to show their top properties first, before competitor listings. Through the Zillios control panel, owners and agents can use the bidding model to obtain a higher position.

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Zillios token sale has the following purposes:

Raise financial resources for the further technological development of the Zillios platform with full functionalities according to the roadmap.

Provide funds for marketing and promotion of Zillios in its international expansion.

Create a real estate ecosystem where the Zillios token will increase in use driving customer acquisition, property listings, premium functionalities and revenues.

Token sale purposes

The Zillios tokens will have a significant role in the real estate ecosystem, not only within Zillios but also in related platforms and future third party collaborations. Zillios token will have key functions both in sales and vacation rental platform use.

Zillios Token and utility in ecosystem

Token Launch

Featured properties: Tokens can be used to highlight listings to generate additional visibility for top properties. Agents and owners can activate featured options from the Zillios dashboard, both for sales and vacation rentals.

Premium profiles:Agents can optionally activate a paid premium agent profile, eg. with full contact details, link to website and logo. This way real estate agents will gain additional visibility and receive more leads.

Efficient deal closing: The use of Zillios´ smart contracts, which enables a transparent and efficient offer and negotia-tion process between the buyer and the seller, will require a small token fee.

Publicity and Lead generation: Part of Zillios` revenue model will consist of collaborations with third party services. Wherever possible tokens will be used to leverage the ecosystem, and create win-win for both parties, e.g. tokens will give access to excellent deals and on the other hand cheap leads for the service providing party.

API Partner Integrations:Partner companies can integrate with Zillios through the Partner API. The usage of the API will be charged in tokens. There will be a base activation fee, and a per-request fee on top. The base activation fee can be waived on volume. Zillios API is the gateway to real estate value chain inte-gration.

Rental booking services:Vacation rental booking smart contracts will be generated and managed by Zillios, enabling direct transactions between owners and renters. Zillios will receive a token based service fee for the use of smart contract functionality.

Ratings:Buyers and renters will be encouraged to rate their experiences with real estate agents and property owners rewarding them with tokens. Ratings will add a trust factor for other consum-ers and at the time stimulate agents and landlord to offer great service.

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To jump-start token use initially a limited number of tokens will be provided to key agents. Zillios will also offer options to earn tokens, which can be spent on added value functionalities.

Incentives and startup-phase

Enhance listings:In order to fast-grow the number of properties listed on Zillios, we will grant tokens for bulk upload of listings in the first period. This will stimulate agents to publish all of their properties, in contrast to the well known paid portals where agents only show a limited number of their top listings. So, instead of charging agents for adding more properties, we will incentivize them to get the platform and token usage growing at the start!

Agent referrals:Real estate agents usually work together with a number of other agents. Zillios will incentivize agents with tokens for bringing in new real estate agents in the first period. This way a snowball effect will be created, causing the number of agents to grow exponentially.

Loyalty:Token based loyalty programs will play a role to incentivise stakeholders using Zillios tokens enjoying benefits, contributing to the success of the platform over the long term

Content quality:Often real estate listings contain scarce or poor quality information. Zillios plans to offer tokens based on the quality level of content, meaning that agents with comprehensive property infor-mation, eg. including geolocation and 3D visuals, will be rewarded.

Rental payment:In the future property owners can accept tokens as a rental payment and minimize transaction costs while getting paid instantly. Renters will benefit from the smart contracts security enclos-ing deposit and down payment as an escrow.

Property sales transactions:In the future, property sale smart contracts will be facilitated by Zillios, including property verifi-cation and owner identification. Buyers and sellers will be able to make direct property transac-tions by using Zillios blockchain infrastructure for which a token based service fee is required. We aim to fully enable token use for the payment of properties. All within the legal frameworks.

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A broader use for tokens will be developed in the course of the commercial expansion. By using the Zillios API, third parties can easily connect to the scalable Zillios platform and the token ecosystem will be further extended.

To onboard people unfamiliar with blockchain and tokens and to enhance platform use, Zillios plans to establish a partnership with a fiat to crypto service. This makes it possible to pay in fiat money and easily use the services offered by the platform, at the same time offering advantageous conditions for token payment preparing the road for an all token payment based future.

The launch of Zillios and the corresponding Zillios token creation process are organized around smart contracts running on the Ethereum platform. Instructions on how contributors can participate will be announced before the token sale starts at www.zillios.io. The minimum amount of the token distribu-tion event is set at $5 million, the maximum amount is set at $25 million. Zillios will be accepting Ethe-reum. The pre-sale and main sale event will run for a restricted period of time (announced on www.zil-lios.io), or until the hard cap is reached. If the softcap will not be reached, funds will be returned.

Zillios Token Distribution Process Overview

Token sale details

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Zillios token Allocation

Any unused tokens from the pre/main sale, advisors and

bounties will be burned.

40%

25%

25%

6%

3%

1%

Token Distribution:

40% Public contributors25% Company reserve25% Founders & team6% Rewards3% Advisors1% Bounties

The symbol of the Zillios token is called '' ZLST '', there will be a limited amount of tokens created and no more tokens will be issued after the sale.

The total token supply is fixed at 1.000.000.000 (1 billion ) ZLST tokens.

40% of the total 1 billion ZLST tokens will be allocated to the pre-sale and main-sale contributors who participated in the token sale, including bonuses provided to participants. Bonus amount and vesting will be shared and announced when the pre-sale starts.

25% of the ZLST tokens will be allocated for the company's reserve and will have a total vesting period of 4 years. After a lockup of 1 year, during the next three years every month 1/36 part of the reserve will be unlocked. The reserve will be used to grow the ecosystem and future development within the Zillios platform.

25% of the ZLST tokens will be allocated to the founding team of Zillios and employees. The founding partners and the team have been working on Zillios since 2017 and will have a vesting period of 4 years after the end of the token sale with a 12-month cliff. These tokens will be locked in the smart contract and will be released 1/36 part per month during 3 years after the cliff period to avoid large fluctuations on the Zillios ecosystem.

3% of the ZLST tokens will be allocated to advisors. The advisors of Zillios will have a total vesting period of 12 months, with a 6-month cliff.

6% of the ZLST tokens will be allocated to rewards for the Zillios ecosystem. To incentivize early adopt-ers a limited amount of tokens will be available for stakeholders to reward specific actions that drive platform growth.

1% of the ZLST tokens will be allocated to bounties with a 4 week vesting.

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After successful token sale the budgets will be used to further develop the platform. The following allocation of budget is foreseen:

For the technological development and commercial strategy according to the roadmap and the business plan, Zillios will need 5 million dollar for rollout in Spain and France.

Additional funds (up til hardcap limit) will be used for faster growth and accelerated international expansion, starting with the most popular European regions.

In the course of the technological and commer-cial rollout, it is foreseen that Zillios will generate sufficient traction and revenues for autono-mous growth to leverage further international rollout.

Use of proceeds

Limited amountAfter the initial token sale, no new tokens will be added, meaning the quantity of tokens will be limited in the future. As the use of Zillios as a portal will increase, gradually adding agents, prop-erties and new utilities, we expect the demand for Zillios token to rise.

Token Sale Contribution CapIn the main sale, there will be an individual cap per contributor. We want to give everyone a fair chance to participate in the Zillios Token Distribution. The minimum amount and the maximum cap to participate in the main sale will be shared and announced shortly before sale starts.

45%

25%

15%

10%5%

Use of proceeds:

45% Platform Technical Development25% Marketing and International Expansion15% Operations10% Integrations and Partnerships5% Legal & Advisors

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Zillios will specifically focus on popular regions for international property sales and rental, aiming mar-keting activities primarily to foreign buyers and renters. Both because of the market volume and because of the Zillios core team experience in these markets, Zillios will start with marketing activities in Spain and France.

Main target will be the most important foreign visitors in these markets, primarily coming from United Kingdom, Scandinavian countries, Benelux and Germany. Local buyers and renters will create addi-tional volume. Starting with Spain and France, our goal is to conquer the world!

Target market and segments

In order to grow Zillios traffic and user base, effective international marketing campaigns will be set up, both for traffic generation and branding. This will also attract owners and agents, who will be happy to list their properties for free on Zillios saving them the costs and effort to set up own paid campaigns.

Paid marketing and sales efforts will be built up region by region, based on market volume, for cost-ef-fective traffic and media buying. To obtain significant traffic, essential for platform succes, online cam-paigns (paid search, advertising, social media) will be rolled out complemented by offline advertising, PR and trade shows. On the medium-long term an important amount of traffic will come from brand-ing, repeat visitors, organic traffic, email marketing, retargeting and of course Zillios´ mobile applica-tion.

Paid search traffic has a crucial role in traffic strategy to scale up visits and to

leverage paid traffic within the portal, being activated automatically once customers

place bids.

Marketing execution

Trafic is key to zillios

Marketing

Paid Search

Display advertising based on interests, profiles and web locations create brand

awareness and additional qualified traffic.

Display Advertising

No cure no pay lead generating traffic with additional visibility

Affiliate Traffic

Continuous press contacts to reinforce image, brand recognition and SEO positions

Public Relations

Driver of customer engagement, loyalty and portal traffic

Mobile App

Reconnecting with users to increase brand awareness and conversions

Retargeting

Organic traffic will be the long term basis for Zillios´ traffic. A large amount of unique content pages will be created per country supported by a solid linkbuilding strategy to boost organic positions.

Seo

Facebook, Youtube and other social channels will be used to boost properties and generate leads. Additionally create interaction and brand awareness.

Social Media

Inbound marketing, CRM and email will have a prominent role in activating, nurturing and retaining second home searchers and agents.

Marketing Automation

Mass media advertising to create brand awareness and to be top of mind. Segmented reach and repeat

Video & Tv

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After launch of the Zillios token functionalities, limited token rewards will be granted to early adopters, like key real estate agents for activating their account, adding property listings with additional attrac-tive content and for new agency referrals. This way the amount of agents and properties will grow exponentially, at the same time stimulating the token ecosystem by encouraging users to spend their earned tokens on premium functionalities and cost-per-click bidding.

Since Zillios core team already has experience in the real estate market in France and Spain, a data-base of over 75.000 target agencies will be available to contact by direct mailing and call center.

At the same time Zillios will already grow its property offer internationally without marketing invest-ments, as agents and owners can add properties for free.

Agent acquisition strategy

Zillios will be top of mind brand for the key players in real estate!

EmailAutomated and

personalized email flows

PRPresence in agent

related press

TelemarketingInbound and outbound

phone contact

Paid search & advertising

Presence in the world of real estate agents

SocialInteraction through

channels like Facebook, Linkedin and Youtube

FairsReal estate events and

fairs

ResellersPromotion through network of partners

and resellers

Marketing plan for agents

Two-way native language Sales &

Support

APIZillios as a smart

marketing tool

RewardsToken incentives for

early adopters

Agents make up an important part of revenues and the speed of getting them on board directly impacts growth. Sales effort will be focused by region since more agents per region means more cost-effective paid traffic and more mutual competition in Zillios´ geo based bid auction.

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Core team

Team & Advisors

Henk Jan Bergevoet | CEO

Henk Jan Bergevoet started his own company after finishing his studies and at the age of 25 he moved to work in the Far East as a marketing manager for a large export company. In the 90´s Henk Jan started his own production com-pany in Turkey employing over 600 people with a strong focus on a corporate marketing formula. In the last 5 years living in Spain he has been active in real estate, owning several estate agencies in Spain along with a European holiday rental company. His passion has always been creating innovative concepts.

Sander van Zutphen | CMO

Sander van Zutphen has been entrepreneur for 15 years and has a back-ground in online marketing, business development and innovation. Sander worked in marketing departments of multinationals like KNP Mobile (telecom) and AEGON, (insurance). For the past 12 years Sander set up several e-com-merce businesses and online marketing agency Ecommerce Managers with international customers throughout Europe, amongst them several real estate companies. Since 2017 Sander has been involved in the marketing strategy for IMMO ABROAD and Estatefy.

Serhii Tsapushel | Chief development

Serhii Tsapushel has a strong focus on technical innovations in the real estate online market. With his background of 15+ years software development work-ing for large infrastructure, he understands architectural on a large scale. Serhii was responsible for the development of Estatefy real estate software as CTO head of development and technical leader, always on top of his engineering team.

Dennis Oliver Vos | ICO Management

Dennis Oliver Vos is a young Entrepreneur and early adopter in cryptocurrency investing. Dennis began his journey at the age of 13 when he purchased his first Bitcoin in 2011. In 2014, at the age of only 17, Dennis became an Angel Investor in the Ethereum ICO. Thus far, Dennis has created a large network of contacts within the blockchain industry. Dennis has dedicated 100% of his time creating and advising new blockchain projects, known as Initial Coin Offerings (ICO’s) or Initial Token Offerings. With more than 7 years of experience as a crypto entrepreneur, Dennis Oliver Vos has founded Hotel Crypto in January of 2018.

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Caroline Conradi | Operations manager

Caroline Conradi is a results oriented project manager who drives ideas into practical implementation with professional knowledge in business development and digital marketing. Formerly she worked as a business consultant for KPMG and Atos Consulting and is experienced in large scale transformation processes of IT departments working for multinational companies, like ING and Commerz-bank. In 2015 Caroline founded Ecommerce Managers, a Barcelona based online marketing agency with international clients in e-commerce and real estate.

Sergio Pereira | CTO

Sergio Pereira brings 10 years of professional experience building technology, both as a developer, an entrepreneur and a CTO. As an entrepreneur, Sergio built two successful tech businesses: one AdTech startup where his technology was deployed across more than a billion users worldwide, and a FinTech startup where he deployed critical solutions to Fortune 50 clients in the US. Sergio has been curious about the crypto and blockchain space for a long time, and started architecting and developing Blockchain based solutions in 2016, building several solutions both for ICOs and for blockchain innovation programs in larger com-panies. He is a curious researcher and an ingenious innovator, always looking to solve old problems with disruptive new technologies.

Alberto Cuesta Cañada | Blockchain engineer

Alberto is a specialist in high performance distributed computing, with 10 years of experience creating and managing massively parallel platforms that underpin critical services for large financial companies. The mainstream adoption of blockchain has allowed Alberto to return to his academic roots in graph theory, complex systems and peer to peer computing. Recently Alberto has focused on decentralised computing platforms such as Ethereum and RChain, and works now as a Decentralized Systems Architect and Smart Contract Developer.

Yves Léon | Compliance Officer & MLRO

Yves is owner and commercial director of the Holiday Home Vision Group, as well as the CCO for IMMO ABROAD. He started his career at the Amro Bank, but soon realised that he could achieve much more by working for his own account. He combined his love for fashion with his entrepreneurial skills to start his own company in the garment production business, where he produced high quality young fashion garments in big quantities. With his partners he employed over 1000 people in 4 factories in Turkey and the Dutch company. After having worked in the garment industry for over thirty years Yves saw a big opportunity in the hospitality and real estate business resulting in multiple real estate enter-prises.

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Advisors

Guy ten Bruggencate | QA engineer

Guy is very blockchain minded advisor and developer and worked on multiple international projects where he was responsible for the architecture, quality assurance and implementation of new build applications. He likes working with the latest technologies accomplishing challenges and goals. This gives him motivation and energy for the next challenges. Agile and scrum teamwork to build quality solutions based on blockchain technology is part of his genes.

Jos Collignon

Jos Collignon has over 25 years of experience in running companies and is an all-rounder as executive board member, interim manager in sales and market-ing, business development, product- and software development. Jos started his first company in 2000. He founded Collignon Management, Winvision Products, Owlll, Dutch Learning Company, Gemvision and CCAPP. He was a managing Director at Exact Software. Jos joined Progress Software Ltd as a director Chan-nels. As Country manager he set up SilverStream Software in the Netherlands. Jos was operative in several roles at (Logica)CMG. In addition to his broad focus on software, Jos has specific focus on the areas of Cloud Computing, Open Source software, Software as a Service, Virtualization and Blockchain.

Marc Ellul

Marc X. Ellul has 25 years’ experience as a Gibraltar lawyer. He is the Managing Partner of Ellul & Co. (www.ellul.gi) and heads the firm’s fintech team. He is Chairman of the Gibraltar Finance Centre Council. Representatives of all of Gibraltar’s financial services industry associations are members of this Council whose objects are to promote the economic interests of Gibraltar by develop-ing the finance centre. The Council meets regularly with the Minister for Com-merce, Government officials and the FSC and has an important role in shaping finance centre policy and legislation. He was also Chairman of the Company Law Reform Committee which updated the Companies Act in 2014 and he formed a part of team which drew up the AML guidance notes for Gibraltar lawyers. He now mainly practises as a corporate, funds, tax and fintech lawyer. He is actively involved in blockchain work in Gibraltar advising on the set-up of regulated cryptocurrency exchanges, token sale (ICOs) and on the establish-ment of digital asset investment funds.

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Orhan Yüksel

Mr. Orhan Yüksel serves as a Member of the Board of Directors in the Ciner Group Companies since 1994. The Ciner group is a conglomerate with interests in varied business sectors such as mining, energy, glass, chemicals, media, mari-time, and tourism as a main subject of activity in Turkey. Mr. Yüksel served in several companies in the private sector since 1978 and is the non-executive Director of Park Elektrik. He graduated from the Department of Business Admin-istration of the Faculty of Administrative Sciences of the Marmara University.

Pali Sebök

Mr. Pali Sebök studied civil-, notarial and taxlaw and owned a civil-law notary office in The Hague (Holland) for more than 22 years with 25 employees. After resigning as a civil-law notary, Mr. Sebok as an advisor and investor established a international network of real estate agents, institutional and private lenders, insurance companies and other real estate related businesses. His experience includes amongst others property leasing, investments, tax restructuring (VAT/CIT), redevelopment/transformation (residential & hotel) as well as sale & leaseback constructions. Mr. Sebök is an allround legal and business expert in international real estate.

Louis Donkers

Louis is an all-round international real estate Expert. Louis arrived in France at the age of 26 to join the property construction and development group Fran-co-Hollandaise SA. He directed his own French Real Estate broker company for 17 years and developed G.E.P.I International Group of Companies into one of the leading real estate broker groups on the French Riviera before joining the board of the prestigious John Taylor Realtors in Cannes, being invited to create and direct the Rentals and Management division. As a certified surveyor/valuer he valued property internationally for banks, government (tax) authorities and the French High Courts in cases of legal disputes. In the Netherlands he directed the world head office of Palladium Group, buying and developing real estate while managing the company’s own property portfolio which stretches from Italy and France to Switzerland, the Netherlands and the USA. This was before creat-ing and directing MCI Globex Realty.

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Gibraltar

There are many ICO-funded businesses out there; good and bad. The truth is that it is often impossible to tell the difference and to know who you are dealing with. Gibraltar addresses this fundamental issue through its regulatory framework as consumers will have the protection of knowing that these ICO-based businesses will be regulated and actively supervised. These busi-nesses (and their customers) will benefit from the certainty that they are operating within the law. The busi-nesses will not need to rely on legal opinions or on uncertain grey areas. Regulation will also significantly enhance the appeal and marketability of all product offerings. This is the type of environment we want to operate in. It will give our customers confidence in our products and services which will be provided in accordance with EU-compliant high standards. We are fully committed to operating in Gibraltar and to putting everything in place to comply with Gibraltar’s pending regulatory regime.

Key Legal Considerations

Contents of this whitepaper

You must read the contents of this whitepaper carefully before participating in the ZLST token sale. The contents of this whitepaper are not used for financial promotions. No entity other than the Company can engage in issuing ZLST tokens which are intended to operate and function in accordance with the plans described in the whitepaper (subject to development changes).

Legal & Regulatory

Terms & Disclaimer

Sale of ZLST

This whitepaper and any other documents published in association therewith relate to a token offering for the sale of ZLST in respect of the intended development and use of the ZLST Platform as more particularly set out herein.

No offer of regulated products

This whitepaper does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase of ZLST are not intend-ed to be a financial service offering document or a prospectus. The sole purpose of ZLST are to access the ZLST Platform and the related products and services as described in this whitepaper. ZLST does not represent equity, shares, units, royalties or rights to capital, profit, returns or income in the platform or software or in the Company or in any other company or intellectual property associated with the ZLST Platform or any other public or private enterprise, corporation, foundation or other entity in any jurisdic-tion. ZLST tokens are not intended to represent a security or similar legal interest and are not an investment product.

No advice

This whitepaper does not constitute advice to purchase ZLST and must not be relied upon in connection with any contract or purchasing decision.

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Risk warnings

The purchase of ZLST carry significant risks. You should carefully assess this whitepaper and all risks related thereto before purchasing any ZLST.

Obtain all necessary professional advice

You should consult a lawyer and/or accountant and/or tax professional (as required) before deciding to purchase any ZLST.

This whitepaper describes a future project

This whitepaper contains forward-looking statements which are based on the beliefs of the Company, certain assumptions made by us and information available to us. The projects described in this whitepaper are under development and are constantly being updated, including but not limited to, its technical features. Accordingly, if and when the ZLST Platform is completed, it may differ significantly from the project set out in this whitepaper. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future. ZLST relate to the development and use of experimental software and technologies that may not come to fruition or achieve the objectives specified in this whitepaper.

Licences and approvals are not assured in all jurisdictions

The Company intends to operate in full compliance with applicable laws and regulations and obtain the neces-sary licences and approvals in key markets. Therefore, the development and rollout of all the features of the ZLST Platform described in this whitepaper are not guaranteed. Regulatory licences and/or approvals are likely to be required in Gibraltar and, potentially, in a number of relevant jurisdictions in which relevant activities may take place. It is not possible to guarantee and we, and no member of its Management Team nor its Advisers, makes any assurances that any such licences or approvals will be obtained within a particular timeframe or at all. It is, therefore possible that some features of the proposed ZLST Platform may not be available in certain markets, or at all. This could require restructuring of particular aspects of the Platform and/or may result in its unavailability in whole or in part.

Views of the Company only

The views and opinions expressed in this whitepaper are those of the Company and do not reflect the official policy or position of any government, quasi-government, authority or public body (including but not limited to any regulatory body of any jurisdiction) in any jurisdiction. Information contained in this whitepaper is based on sources considered reliable by us but there is no assurance as to their accuracy or completeness.

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Risk Factors

The following are risk factors you should consider relating to the ZLST token sale, the ZLST Platform and the projects to be undertaken in this regard.

Corporate Governance

The Company has adopted a set of six key principles to guide the behaviour of its Management Team (its Directors and the Core Team as described above). This will assist the Company in achieving its commercial objectives in compliance with the letter and the spirit of the Gibraltar regulatory regime and to strive to comply with best practice at all times.

- The Company may not raise sufficient funds to execute and deliver the Zillios Platform.

- ZLST may be significantly influenced by digital currency market trends and their value may be seriously depreciated due to events in the digital currency markets not related to the Company’s actions.

- The Zillios Platform will comprise a complex software platform and its launch may be significantly delayed due to unforeseen development barriers.

- Competition may introduce the same or better solutions to the Zillios Platform as a whole and may cause ZLST tokens to lose market share and eventually fail to deliver on its business goals and on those of the Zillios Platform.

- Digital currencies are extremely volatile and ZLST may suffer from such volatility.

- International laws and regulations may render the trading of ZLST impossible.

- The use of ZLST may come under the scrutiny of governmental institutions and regulatory authorities.

- The ownership of ZLST may fall under new and unpredicted taxation laws that may erode their benefits.

- The Company may not succeed in creating the necessary momentum and acceptance for ZLST or the ZLST Platform which may result in low liquidity and depletion of trades.

Leadership

The Management Team shall lead with the intent of meeting the Company’s commercial objectives, in compli-ance with the letter and the spirit of the pending Regulations, in the short and the long term.

Ethics, Honesty & Integrity

The Management Team shall ensure that the Business is conducted in an ethical, fair and transparent manner. The Management Team shall act with honesty and integrity in their work for the Business and also in their personal lives.

Capability

The Management Team shall have an appropriate combination of knowledge, skills, qualifications and experi-ence to enable them to discharge their duties and responsibilities effectively and to the highest standards.

Sustainability

The Management Team shall guide the Business to create value and allocate it fairly and sustainably to ensure that adequate financial and non-financial resources are maintained.

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Accountability

The Management Team shall be accountable and shall communicate to stakeholders at regular intervals, a fair and balanced assessment of how the Company is meeting its business commercial objectives.

Reputation

The Management Team shall ensure that they uphold and protect the interests of the communities in which the Business operates and safeguard the reputation and integrity of Gibraltar and of the global blockchain community.

Internal corporate governance controls, policies & procedures

The above key principles, serve as a good governance guide to the Management Team. In addition, the Company has a range of policies which assist it in adhering to the highest standards. These include:

Objectives, Resources, Standards & Customer Care

Key Responsibilities of the Board of Directors

The Board of the Company has overall responsibility for the management of the Company’s affairs and the conduct of its Business. This includes:

Corporate Governance Policy - This sets out how we implement internal controls to manage our busi-ness in accordance with high corporate governance standards. It includes board and other operating procedures which we will follow and clearly specifies the responsibilities of the board of Directors and also of each other member of the Management Team. Amongst other things, it specifies a reporting methodology (to the Board of Directors), conflicts of interest policy and a whole series of other internal controls.

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Anti-Financial Crime Policy - This includes a methodology, in full compliance with Gibraltar law (EU stan-dard) to prevent money laundering, terrorist financing, bribery and corruption and to report suspicious transaction to the Gibraltar authorities.

- Setting the Company’s strategic aims, ensuring that the necessary financial, human and other resources are in place for the Company to meet its objectives.- Setting the Company’s values and standards and ensure that its obligations to its stakeholders are understood and met.- Adhering to its key corporate governance principles.- Identifying the interests and needs of each and all of the customers of the Company and on communicate with them in a way which is fair, clear and not misleading.- Have an effective customer complaints handling procedure.

Customer Due Diligence Measures Policy - This includes a methodology (to EU standards) to risk assess our clients including an approach for individuals and all types of legal entities.

Risk Management Policy - This sets out a methodology for us to identify, assess, manage and mitigate the risks of our business.

GDPR-compliant Data Protection Policy - We take data protection very seriously and have implemented a policy to handle customer data which complies with the EU General Data Protection Regulation will come into effect in May 2018.

Policies on the protection of digital assets and ICT/Cybersecurity - We have thorough policies and procedures in this regard which we have developed with the assistance of specialised professionals.

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Financial & Assets

- Satisfying themselves as to the integrity and accuracy of the financial information in respect of the Company.- Managing the financial affairs of the Company in a prudent manner and in a way which is transparent to its shareholders.- Establishing financial liquidity is adequate and ensuring that this is maintained at all times.

Duties, Skills, Regulation & Compliance

- Abiding by their statutory, fiduciary and common-law duties as a director.- Faithfully, efficiently, competently and diligently performing their duties and exercising their powers as a director with due care and skill and in good faith.- Complying with any rule of law or regulation and adhering to guidance of the GFSC or of any other competent authority from time to time in force in relation to the Business; including relevant regulatory requirements.- Ensuring the fitness and proprietary of all role-holders, controllers and shareholders of the Company.- Keeping appropriate records in respect of all relevant areas of the Business.

Cyber Security

- Ensuring that that all systems and security access protocols are maintained to appropriate high standards.- Ensuring ethical data and security governance is kept.- Ensuring the Company adheres to high standards of data protection.- Having an up to date cyber risk management culture.- Aligning the strategic objectives of the Business with ICT objectives (a fast-paced industry may require quick changes but not at the risk of cyber diminishing security mitigation and or of proper planning).- Having adequate cybersecurity budget and resourcing.- Ensuring that all cyber controls are disseminated throughout all areas servicing the Company’s operational model.- Ensuring that the Company has an effective Cyber Security & ICT Governance Policy, that this is kept under review and that its implementation is monitored.

Reviewing management performance & oversight of service providers

- Scrutinising the performance of management and of service providers of the Company in meeting agreed goals and objectives and monitor the reporting of performance.

Allocating sufficient time

- Allocating sufficient time to meet the expectations of their role and, in particular, in relation to the preparation for and attendance at meetings of the Board and review of any and all relevant documentation.

Delegation – Limitation of authority

- No key strategic decisions should be made outside a board meeting in Gibraltar.- No Directors should act on any matters relating to the general policy of the company’s business or management whilst outside Gibraltar.- When any powers have been delegated to any person, those should only relate to day to day affairs and should NOT include the power to make any key decisions.

More details on our governance and management responsibilities are contained in our Corporate Governance Policy. 60

Risk Management Overview

Specific Risks

We have divided the key risks faced by the business of the Company into the following broad categories:

The following risks have been given a higher score than others based on our risk scoring methodology, as detailed in our Risk policy. The specifically high risks identified are:

Risk Review Policy

Responsibility for monitoring and review of each risk is set out in the Risk Register. Our monitoring and review processes encompass all aspects of the risk management process for the purposes of:

As part of the monitoring process, the thresholds for the risk criteria are reviewed at the commencement of each risk assessment cycle, which is normally on a quarterly basis, to identify the processes that may

We have considered these areas in depth, have identified sub-categories within each and have put mitigation strategies in place for every sub-category. Full details of above are set out in the Risk Register a copy of which is provided with our initial application submission.

These will warrant enhanced monitoring and stronger controls/risk mitigation strategies to ensure we are in control of each, as much as is possible.

- Business Disaster- Business Risk- Human Resources- Financial Crime- Financial Resources- Governance and Oversight- Cyber Security and Data Protection- Outsourcing- Legal and Regulatory Risks- Token risk

- Business environment- Human Resources- Cybersecurity & data protection, and- Token risk

- ensuring that mitigation strategies and controls are effective and efficient in both design and operation;- obtaining further information to improve the assessment of each particular risk.- analysing and learning lessons from risk events, including near-misses, changes, trends, successes and failures;- detecting changes in the external and internal context, including changes to risk criteria and to the risks themselves which may require revision of risk treatments and priorities; and- identifying emerging risks.

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be subject to increased risks and, as such, would derive the greatest value from the risk assessment. These will normally be assessed at quarterly Board meetings.Senior Management will also review the Risk Register on a regular basis ideally at Board meetings, or more frequently as necessary, to determine if any remedial action needs to be taken.Full details of our risk policy and key risks can be found in our Risk Management policy and Risk Register respectively.

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Thank you for reading!